I'll bet you all didn't know that "Ben" was THE THING... In any case, if you get that issue, you can meet ALL HIS BABES!... I'm guessing Meredith Whitney isn't on that list tho...

Mysterious & Spooky... Altogether Ooky THINGS

By the way... Little do you all know that CV was actually the "actor" who played THING in the Addams Family (got my SAG card to prove it)... I'm always the "guy behind the guy behind the guy" (and that's why I'm the opposite of Obama, who is always the guy "in front of the guy in front of the guy")... See how it works? I can explain a lot of cshet in a few simple sentences...

Anyway, past that, & in a whole class by itself, there are "SURE THINGS"... We like those! Especially when Nicolette Sheridan is involved...

We've "sort of" come to know the following as "one of" those SURE THINGS (until it's not), but graciously, Goldman Sachs is out there doing God's work again and will be distributing all its equity holdings to you is confirming this phenomenon to its clients...

So there you have it... It's that simple... Just follow the easy plan, and then WASH, RINSE, & REPEAT (enjoying the "agitation", and "spin" cycles on your journey)... Rejoice in the knowledge that, with the help of the Fed & Goldman, that all your trades will be "ILLER" than the others...

I'll admit that I haven't perused the article yet, but I'm guessing that Bernanke has figured out some kind of monetary policy level to pull & thereby stave off the end point of the Mayan calendar...

I'll do some reasearch over the weekend, and by Monday morning, I'll have parsed the "Goldman Trade" on the issue... I'm guessing it'll have something to do with all the debt cash on the sidelines hungry to get into this market...

236
comments:

cv -here's your chance to leave another trail on the web to be dredged up years later. submit your creds to wikipedia and imdb to gain instant worldwide "thing" recognition :^} "Thing, the disembodied hand/arm limb, was usually played by Ted Cassidy. When Lurch had to be on camera at the same time as Thing, however, associate producer Jack Voglin lent his hand. A third actor also played Thing on occasion, but his identity is not known."

as to other things, thanx for the cash on hand chart. have wanted a good source to illustrate this point to those who go on about "cash on hand" but esp. the amount of reserves the banks are sitting on that in no way approach offsetting their vast liabilities (not even including off-balance sheet siv-type sh*t)

Probably another LAME attempt this morning to push back up towards 1186...

AS IF they think "retail" is chasing this...

It's like...

1. Do POMO and make equities rise (since August)2. Since retail still isn't interested, get on the horn and ANNOUNCE TO EVERYONE in plain English... "When we do this... PRICES RISE... So PLEASE... frontrun us"...3. Still no interest

I got news for you BB... RETAIL is out buying snickers bite size candy bars...

A group of swans is generally and generically called a flock of swans; but, according to the Oxford English Dictionary, the correct appellation is a wedge of Swans (when they are flying in a "V" formation). I've also heard of a bevy of Swans but I am not certain this is correct. A bevy usually refers to a group of larks or quails.

Matt Taibbi’s new book, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America, comes out next month. There is an excerpt at RollingStone.com that is well worth your time to read:

"So who is to say that BOTH equities & Treasuries will sell off together...

I suppose CASH isn't considered an asset class... "

DING DING DING DING!

I don't understand this logic. What happens when margin is called, re-financing is not available, restructuring is not available, and people just want their money back? At some point people will get it and it will happen.

"As for the complex, layered security system that ensures America's nuclear secrets don't fall into the wrong hands, Shelton wrote, "You can do whatever you can and think you have an infallible system, but somehow someone always seems to find a way to screw it up."

So who is to say that BOTH equities & Treasuries will sell off together...I suppose CASH isn't considered an asset class...

LB expects this to happen once Bucky firms up and heads vertical. Are you listening, Karen? But the sell off in equities will be brief as there will be a scramble for yield at the expense of "growthiness". Expect domestic divvies to prosper at the expense of the emerging mark-ups where P/E ratios are now frightening even LB (India at ~50).

Won't be long now.... happy to sit in my divvies and high yield bonds and add to them if there is a 5-10% melt. The more meltage the more I will buy. Treasury bonds are done for me, until we float out to 4% on the 10y again. That's the EVENT HORIZON when we are in the BLACK HOLE of ZIRP.

(part 1) Good Dividends Push REIT Performance to the Top12:18 PM ET 10/14/10 | MarketwireDividend paying companies are attracting a lot of attention right now. Investors usually count on dividend paying stocks during hectic times in the market believing in the company's security and real earnings power. Typically this is the case, but there are some risky exceptions. High yielding REITs (Real Estate Investment Trusts) must pay out 90% of their taxable income in dividends, meaning that making their dividend payouts will be more volatile. The Bedford Report examines the outlook for diversified REITs and provides research reports on Annaly Capital Management, Inc. (NYSE: NLY) and Anworth Mortgage Asset Corporation (NYSE: ANH). Access to the full company reports can be found at:

part 2: REITs earn their money on the spread between low-interest short-term borrowing and purchasing high-interest long-term securities. REITs have posted a nice turnaround in the most recent quarter. The Dow Jones All Equity REIT index rose 12.5% during the third quarter, a vast improvement from the second quarter when REITs posted a 5% decline. A recent study in The Wall Street Journal found that REITs were helped by confidence that credit is becoming more available to commercial real estate.

The Bedford Report releases regular market updates on the REIT Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

As mentioned, REITs have some of the highest yields on Wall Street. While high yielding dividend paying stocks are appealing, be forewarned that companies can cut, slash, or suspend dividends at any time, often without notice. Presently, Annaly pays an annual dividend of 2.72 for yield of about 15.30%. Meanwhile Anworth pays 0.92 annually for a yield of 13%.

High yielding dividend stocks are why one only allocates 2-3% of the portfolio to any one stock. So one would own some 4% drug stocks (BMY, PFE, MRK) and 6% telecoms (T, VZ) to balance out the high dividend guys.

CV.. @ 11:24, got it.. and also, laughing at what an idiot I am.. I saw that Cash on Hand Chart at least 3 places today.. here first.. but then i forgot and reposted.. sorry! (but it was right up my alley : )

That's why this is all just a GAME to me... (fooling around with markets)...

My REAL bet (as you know)... Is with hard assets...

Food, Fuel, Shelter, raw materials...

As annoyed as I seem sometimes... In many ways, I'm mildly 'satisfied' with this KICK THE CAN strategy because it has bought me more time to make the necessary preparations without having o be hasty...

CV.. i have to imagine these are the japanese beetle grubs.. tho i do control them in the lawn and have no brown patches.. but they are in my raised beds! to excess I feel.. some of the beds are dormant (no plants).. i keep digging them up as i work that soil into something fertile.

CV! and now i'm wondering if it isn't the japanese beetles that keep eating my jalapeno plants.. but whatever it is, it just eats down low.. my beds are 4 ft high.. rabbits can easily jump up there, i know..

Oct. 22 (Bloomberg) -- Federal Reserve officials need to be mindful of the effect their actions are having on the dollar, said Richard Fisher, president of the Fed bank of Dallas and a former deputy U.S. trade representative.

"The banks have only themselves to blame for the fix they’re in. Three years ago, as the subprime mortgage crisis began to spiral, one of the lessons the public should have learned is that the leaders of these companies often have no idea what’s going on inside them. We may be witnessing the same phenomenon again. There’s no excuse this time for anyone to be surprised."

three mid-victorian, oxford dons upon espying ladies-of-the-night gathered on the street, vied to name the proper collectiove noun :1st don, professor of music:hark, a herald of strumpets!2nd don, a bon vivant & gourmet:no sir, a tasty jam of tarts.3rd don, professor of literature:not at all gentlemen, unmistakably an anthology of english prose.(bada-bump)

BANK OF AMERICA'S (ticker: BAC) mortgage woes could continue to depress the banking giant's stock for years to come. At least that's what some high-level investors are telling us through their trading activity.

Remember when the netbooks were cutting in to sales of PC's and profit margins of the computer giants?

Now the tablet is cutting in to sales of PC's and netbooks.

Essentially, technology is getting better and MOST people don't need or want a PC capable of editing a movie or playing the latest video game.

They want something to communicate, watch videos, download movies, store pictures, surf the net. Tablets can do all that.

I think this transcends in to many other areas of life. TWSWB may not see the change coming because on Manhattan island this might be crazy talk but for the average person, less seems to becoming more.

there was some mention about technological during periods of war the other day, here is some data, I'll change my avatar to a chart you can view in a minute:

"When do you think society would tend to come up with more technological innovations, when social mood is in a positive trend or a negative trend? If you were going to use the frequency of patent grants to answer this question, would you expect those applications to be a leading or lagging sociometer? Our graph shows that social mood trends, as recorded by the DJIA, do anticipate trend changes in patent grants, which constitute a lagging sociometer. We knew that patent applications would be a lagging data series because it generally takes two to five years from the formation of an idea until the prototypes are made, the drawings completed, the legal aspects investigated, the applications written and submitted and a patent finally granted. The ideas themselves arise more easily during a time of a rising and heightened social mood. A few years later, we see the result."

also, since there is discussion about where the money will go...the behaivoral perspective via EWI:

n 2007-2009, the DJIA fell 54%, the S&P and CRB Commodities Index fell 57, oil fell 78%. (Figures from Bob Prechter's Oct. Elliott Wave Theorist, which also shows you supporting charts.) Both the U.S. Treasury bonds and the 10-year T-note in 2009 delivered their worst year on record: down 26% and 9.7%, respectively Gold, emerging markets and real estate fell hard in the 2007-2009 crash, too.

The money didn't "move" -- it went "poof." And those who had cash left didn't rush to buy "cheap" assets -- because, "In economics, lower prices tend to bring about an increase in sales. In finance, prices do not regulate behavior in this manner... as prices fall, investors do not increase their percentage holdings of stock; they decrease it."

we dont' have much exposure to govies at this point, I'm actually much more worried about what I have exposed to MBS now, and our OPSIX fund is buying too much HY for our comfort level at this point. Not to mention, we have profits to capture.

but yes, the COT is showing that the govvie bond trade is waaaay one sided with a bullish bent, which normally wouldn't bother me right away, but it's been like this now for months...it'll give sooner or later, so I'm not going to try and time the top, if it's not already in.

for now anyway, my take is that I prefer cash over the hedge because I believe some buying opps will develop over the next 90 days and I'd rather be able to act fast instead of unwind and then buy, if it were only me, sure, I'd go thtat route...I hide out in cash a lot for clients instead of hedging, retail has a really hard time grasping the concept of a hedge in the account, I wish you could listen in on one of those talks, it's tough.

thanks man, we used to hold a lot of TLT for peeps that's all since been sold, when it hit $104 I sold the last remains which was maybe only a dozen people. I think it's likely I do not rec that for quite some time for anyone now....maybe not again ever, we'll see. What is the upside, after all.....I can pretty easily see the downside, not so much on the up.

Top Step really pounded the table on it getting "spooky" around Halloween, I think they are going to be exactly right...those guys really made a ton of good calls so far this year, I think next week could get real ugly....even if it's just a correction it could be the spooky kind.

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind.The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind.The authors may or may not trade in the markets discussed.The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.

Fictional Character Quote of the Day:

I guess it comes down to a simple choice. Get busy living or get busy dying.

- Andy Dufresne

"The Shawshank Redemption"

About this Blog

This Blog's primary focus is on trading based upon technical analysis. It is run by "AmenRa" and "AndyT," quasi-anonymous traders who employ technical analysis to assess market conditions and trading opportunities. AmenRa utilizes 3LB techniques, Moving Averages and Fibonacci sequences. AndyT's analysis relies primarily on "Wave Theory" and Fibonacci sequences. The Comments Section is uncensored and open to the public. Please try and adhere to the "Blogger Policy."